Industry News

Assumable mortgages have been largely ignored by the lending industry, but that’s a missed opportunity in an era of sidelined buyers and sellers. Here’s why.

Negotiations aren’t expected to wrap up until September. Plus, the president dismisses inflation data as he looks for a new Fed chair; GSEs consider crypto.

Robert Reffkin claims the new standards will “cause irreparable damage” and suggested that Zillow and Redfin execs were working together to force Compass’ hand.

Zillow is “abusing its monopoly power,” Compass CEO Robert Reffkin said. Zillow says its policy is designed to ensure homes are marketed to all consumers.

“I think we’re in a good spot,” a Fed official said. Plus, the FHFA director is upset about high rates; the Senate considers selling federal land for housing.

Jimmy Burgess will lead coaching efforts, while Long Realty CEO Renee Gonzales was named VP of core services integrations. Plus, NMB adds chief culture officer.

Real estate professionals must learn how to manage change, and those who operate with integrity and professionalism are the ones who will come out ahead.

Plaintiffs accused the iBuyer of misrepresenting its AI-powered system and relying on human processes that put it at risk. Opendoor has denied wrongdoing.

Could a new market emerge around homebuyers taking over a seller’s existing low interest rate loan? One proptech veteran thinks so.

The NAHB addresses housing affordability on Capitol Hill. Meanwhile, Democrats are requesting information on Fannie Mae and Freddie Mac privatization efforts.

Based on the number of claims filed by the May 9 deadline, each home seller could receive around $250 from the over $1 billion settlement fund.

When an early investor challenged Rich Barton to imagine building Zillow without a marketing budget, he realized an enticing product can create its own buzz.

As insurance rates skyrocket in areas prone to extreme weather, agents need to make sure homebuyers understand those costs to avoid problems at closing.

The troubled iBuyer laid off 40 employees on June 11 as it scrambles to lift its stock price above Nasdaq’s $1 threshold.

As Realtors take to Capitol Hill to lobby members of Congress, their biggest concern is finding ways to make more homes available and affordable.

The Executive Committee rescinds the “no-commingling rule,” which had spawned legal action against Zillow and the National Association of Realtors.

Watch the conversation as real estate pro Ryan Young shares advice for starting teams: “Work your ass off, lead with revenue, focus on building your own brand.”

The U.S. needs more homes, but policymakers need to work with communities, states and the mortgage industry to foster development and increase access to loans.

The iBuyer has been struggling to get its footing since 2022 despite replacing its CEO and working to build partnerships with agents and brokerages.

Privatization of the GSEs may be imminent — though FHFA Director Pulte said they could remain in conservatorships. He also touched on fraud, FICO and the Fed.